property DESCRIPTION
TO VIEW THIS PROPERTY PLEASE CONTACT THE AGENT
This one-bedroom flat presents a prime investment opportunity for those looking to capitalize on a project with potential. The space features a compact layout with a modest living area, a small kitchen in need of modern upgrades, and a bedroom with ample natural light but dated fixtures. The bathroom, though functional, is in need of refurbishment.
With some work, this flat could be transformed into a stylish and comfortable living space, ideal for either rental income or resale. Its location offers easy access to transport links, local shops, and amenities, making it a highly desirable option once renovated.
The property has existing tenants since January 2023 and with strong rental demand in the area, this flat can be transformed into a desirable residence for tenants or future buyers.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculationsfor stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
